1 Which is not a source of federal revenue a) Employment Taxes b) Estate and Gift Taxes c) Sales Tax d) Income taxes on Individuals 2) What type of deductions is directly deducted from Gross Income (Points 6) a) Above the line deductions b) Tax exempt incomec) Tax Credits d) Itemized Deductions

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1.Which is not a source of federal revenue? a) Employment Taxes b) Estate and Gift Taxes c) Sales Tax d) Income taxes on Individuals 2)

1.Which is not a source of federal revenue?

a) Employment Taxesb) Estate and Gift Taxesc) Sales Tax d) Income taxes on Individuals

What type of deductions is directly deducted from Gross Income?(Points : 6)

a)Above the line deductions b) Tax exempt incomec) Tax Credits d) Itemized Deductions

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